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GlobalFoundries Gains More Than 12%

GLOBALFOUNDRIES Inc. (GFS) shares are trading more than 12 percent higher on Monday morning bouncing back from a decline of 1.3 percent at debut on Thursday. There were no corporate announcements from the company today to impact the stock movement.

Currently, shares are at $54.96, up 12.22 percent from the previous close of $48.74 on a volume of 6,141,248. The shares have traded in a range of $44.48-$$59.99 on average volume of 11,511,750 since October 28.

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